With the release of their 2025 semiannual reports, statistics compiled from 12 internationally renowned pump companies show that their total sales in the first half of 2025 reached approximately RMB 150.8 billion, a 19.2% year-on-year increase compared to RMB 126.46 billion in the same period last year. Of these 12 companies, only one achieved strong double-digit growth, while ten saw year-on-year increases.

The data for the top three companies is analyzed below.
First Place: Ebara, achieving record highs in all financial figures for the second quarter.
In the first half of 2025, Ebara Corporation of Japan achieved order volume of 451.3 billion yen (approximately RMB 21.9 billion), a year-on-year increase of 12.9%. Revenue reached 448.7 billion yen (approximately RMB 21.78 billion), a year-on-year increase of 13.7%. Operating profit reached 50 billion yen (approximately RMB 2.43 billion), a year-on-year increase of 25.3%.
The increase in total order volume was primarily due to strong performance in the Precision Machinery and Environmental Solutions businesses, which offset the decline in the Energy business.
In the Chinese market, despite signs of slowing, the Energy, Infrastructure, Environmental Solutions, and Precision Machinery business segments all contributed to revenue and profit growth.
Ebara's sales in the Chinese business segment were 75.9 billion yen (approximately RMB 3.68 billion), accounting for approximately 17% of total sales and a decrease of 5.2% from the same period last year.
Second Place: Sulzer, with Strong Performance in its Fluid and Services Businesses
Sulzer demonstrated strong operational performance in the first half of 2025, achieving sales of CHF 1,743.9 million (approximately RMB 15.69 billion), a year-on-year increase of 6.3%. Its order backlog reached CHF 2,327.5 million, a year-on-year increase of 5.2%.
By business unit:
The Flow Division performed strongly, with sales increasing by 10.3% year-on-year to CHF 757.3 million. Both of its business units achieved solid growth. However, order intake decreased by 3.1% year-on-year, with orders in the Water & Industry business increasing by 5.0%, while the Energy & Infrastructure business saw a year-on-year decline of 13.2% due to an unusually large order in the first half of 2024.
The Services Division continued its growth momentum, achieving double-digit sales growth of 14.8% year-on-year to CHF 657.1 million. Order intake increased by 12.0% year-on-year, benefiting from a favorable market environment and the continued expansion of its presence in the Middle East.
The Chemtech Division's sales decreased by 13.6% year-over-year to CHF 329.5 million, impacted by a decline in large-scale projects and unfavorable conditions in the Asia-Pacific market. Order intake decreased by 20.3% year-over-year, primarily due to project delays and reduced refining activity in Asia, compounded by a high base of 8.3% in the first half of 2024. Despite short-term pressures, the division successfully secured several large-scale projects in the first half of 2025, including projects in bio-based polymers, carbon capture, and sustainable aviation fuel (SAF), demonstrating long-term growth potential and technological leadership.
Grundfos, ranked third, has returned to a steady growth trajectory.
In the first half of 2025, Grundfos' sales reached DKK 17.2 billion (approximately RMB 19.266 billion), a 5.1% increase compared to the same period in 2024. EBITDA and special items reached DKK 2.1 billion (approximately RMB 2.352 billion), with an EBITDA margin of 12%.
Grundfos CEO Poul Due Jensen stated that, amidst an uncertain market environment, Grundfos achieved steady growth and consolidated its leading global position in water solutions. At the beginning of 2025, "innovation-driven growth" became the focus of Grundfos' new strategy, "Ignite 27."
Over the past six months, Grundfos has launched several new products to support future growth, including the TPE3 series, which combines intelligent features with extreme energy efficiency, and the ALPHA GO series, which optimizes pump utilization and reduces energy consumption through breakthrough digital technology. Furthermore, Grundfos has made positive progress in acquisitions and innovation, key areas of its new strategy.
In the first half of 2025, Grundfos returned to a solid growth trajectory, achieving an EBITDA margin of 12%, exceeding the strategic target of 10%. The company's growth target for 2025 remains at 4-7%.
